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- LoopNet Team
99 N Ocean Ave
Patchogue, NY 11772
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Calling All Investors, End-Users & Developers!!!
- The Property Features High Traffic Count, Great Exposure, Excellent Signage, Large 3 Bedroom Apartment, 120+ Parking Spaces, 3 Exam Rooms
- The Property Can Be Delivered Vacant If Need Be.
- Beautiful 2 Unit 3,300 Sqft. Mixed-Use Building For Sale! Located In The Heart Of Patchogue Off The Corner of W. Main St. & N. Ocean Avenue
- The Property Is Currently Home To A Successful Dental Practice
- Net Operating Income: $66,978 (Proforma 11.2 Cap)
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Security System
- Signage
- Kitchen
- Storage Space
- Basement
- Bicycle Storage
- Natural Light
- Secure Storage
- Yard
- Air Conditioning
ABOUT 99 N OCEAN AVE , PATCHOGUE, NY 11772
Calling All Investors, End-Users & Developers!!! Beautiful 2 Unit 3,300 Sqft. Mixed-Use Building Offered At A Proforma 11.2 Cap!!! Located In The Heart Of Patchogue Off The Corner of W. Main St. & N. Ocean Avenue. The Property Features High Traffic Count, Great Exposure, Excellent Signage, Large 3 Bedroom Apartment, 120+ Parking Spaces, 3 Exam Rooms, Waiting Room, Reception Area, Full Basement, Skylight, Central Air, +++!!! The Property Is Located Next Door To A Large Municipal Parking Lot. The Property Is Currently Home To A Successful Dental Practice. The Property Can Be Delivered Vacant If Need Be. Income: 3 Bedroom Apartment: $24,000 Ann. (M-M) (1,100 Sqft.) The Apartment Tenant Has Been Here For 20+ Years Dental Office: Owner Occupied (Delivered Vacant) (2,200 Sqft.) $58,000 Proforma Gross Income: $82,000 (Proforma) Expenses: Taxes: $12,502 Insurance: $1,750 Oil: $0 Electric: $0 Water: $520 Maintenance & Repairs: $250 Total Expenses: $15,022 Net Operating Income: $66,978 (11.2 Cap Proforma)
PROPERTY TAXES
| Parcel Number | 0204-009-00-03-00-018-001 | Improvements Assessment | $3,070 |
| Land Assessment | $430 | Total Assessment | $3,500 |
PROPERTY TAXES
